Malta | Goods and services expense (% of expense)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Malta
Records
63
Source
Malta | Goods and services expense (% of expense)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 23.54336936
1973 27.01514411
1974 21.80237715
1975 18.74511031
1976 18.80668934
1977 22.09544841
1978 15.8429403
1979
1980 10.27493666
1981 12.67260579
1982 14.09803922
1983 12.2965642
1984 11.22002914
1985 10.48487632
1986 3.6133182
1987 6.5473746
1988 8.21109608
1989 8.92504931
1990 11.79381995
1991 15.18171392
1992 14.8092531
1993 13.59004854
1994 13.27018362
1995 12.15477197
1996 11.12600469
1997 11.27818023
1998 10.61856186
1999 10.20714099
2000 11.48043925
2001 10.01401229
2002 10.46876173
2003 10.18832231
2004 11.64295571
2005 10.68067461
2006 12.32594729
2007 12.16279033
2008 13.9996684
2009 12.97524364
2010 13.85210687
2011 14.08469288
2012 14.8612684
2013 13.75704839
2014 14.24127986
2015 15.26962014
2016 15.59793279
2017 16.74070533
2018 17.59141578
2019 19.21914945
2020 19.85001656
2021 19.71628
2022

Malta | Goods and services expense (% of expense)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Malta
Records
63
Source